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WTI crude prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude futures were at $62.02 a barrel at 0350 GMT, down 32 cents, or 0.5 percent, from their previous close. Brent crude futures were at $65.85
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Australian shares rose on Friday, boosted by retail giant Wesfarmers which soared after announcing plans to spin off its Coles supermarket division but falls in banking stocks limited gains. The S&P/ASX 200 index rose 0.3 percent or 14.6 points to 5,935.4 by 0031 GMT but was set to finish the week lower. The benchmark fell
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WTI crude prices held steady on Thursday, supported by healthy global demand but capped by the relentless rise in U.S. production that is undermining efforts led by producer cartel OPEC to cut supplies and prop up markets. U.S. West Texas Intermediate (WTI) crude futures rose 7 cents, or 0.1 percent, to $61.03 a barrel by
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European market opened lower on Wednesday as investors monitor fresh cooperate earnings as well as political developments in the U.S. Euro Stoxx50 was 0.21% up at 3403.50 after a gap down opening. The FTSE 100 is seen down by 23 points at 7,110; the DAX 30 is seen off by 54 points at 12,141 and
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Japan will urge its G20 counterparts at a meeting next week to beef up efforts to prevent cryptocurrencies from being used for money laundering, a government official with direct knowledge of the matter said. But the prospects for the G20 finance leaders to agree on specific global rules and mention them in a joint communiqué
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WTI crude prices gave up earlier gains on Monday as rising U.S. output loomed over markets, despite a slowdown in rig drilling activity. U.S. West Texas Intermediate (WTI) crude futures were at $61.90 a barrel at 0714 GMT, down 14 cents, or 0.2 percent. Brent crude futures were at $65.36 per barrel, down 13 cents,
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Bitcoin fell below $9,000 during Friday afternoon Asia trade, extending losses seen earlier in the week when it dropped below the key $10,000 level. The digital currency traded at $8,624.67 at 08:14 a.m. GMT after touching as low as $8,587.05 earlier in the day. At its current levels, bitcoin has declined around 24 percent for
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Japan stocks were higher after the close on Thursday, as gains in the Marine Transport, Transport, and Transportation Equipment sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.55%. The best performers of the session on the Nikkei 225 were Eisai Co., Ltd., which rose 9.84% or 549.0 points to trade
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WTI crude prices fell on Wednesday, pulled down by weaker stock markets after a key advocate for free trade in the U.S. government resigned, stoking concerns Washington will go ahead with import tariffs and risk a trade war. Soaring U.S. crude oil production and rising inventories also dragged on crude prices, traders said. Crude oil
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Bitcoin is on a downtrend in face of a de facto ban from the South Korean government and crypto exchange Coinbase embroiling in lawsuits. The South Korean government has reportedly issued a ban on government officials from holding and trading cryptocurrencies and could be subject to disciplinary actions even their crypto activities have nothing to
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